The Nifty 50 ended the week at 25,461.00 with a loss of -0.69%
🔹 Key Levels for the Upcoming Week
📌 Price Action Pivot Zone:
The crucial range to watch for potential trend reversals or continuation is 25,382 to 25,541
🔻 Support Levels:
S1: 25,144
S2: 24,827
S3: 24,534
🔺 Resistance Levels:
R1: 25,782
R2: 26,103
R3: 26,466
📈 Market Outlook
✅ Bullish Scenario:
A sustained breakout above 25,541 could attract buying momentum, potentially driving Nifty towards R1 (25,782) and higher levels.
❌ Bearish Scenario:
A drop below 25,382 may trigger selling pressure, pushing Nifty towards S1 (25,144) and lower supports.
Disclaimer: lnkd.in/gJJDnvn2
🔹 Key Levels for the Upcoming Week
📌 Price Action Pivot Zone:
The crucial range to watch for potential trend reversals or continuation is 25,382 to 25,541
🔻 Support Levels:
S1: 25,144
S2: 24,827
S3: 24,534
🔺 Resistance Levels:
R1: 25,782
R2: 26,103
R3: 26,466
📈 Market Outlook
✅ Bullish Scenario:
A sustained breakout above 25,541 could attract buying momentum, potentially driving Nifty towards R1 (25,782) and higher levels.
❌ Bearish Scenario:
A drop below 25,382 may trigger selling pressure, pushing Nifty towards S1 (25,144) and lower supports.
Disclaimer: lnkd.in/gJJDnvn2
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.